With the US Securities and Exchange Commission (SEC) reluctant to approve a Bitcoin spot exchange traded fund (ETF) application, one of the companies whose application is before the regulator has revealed that it could be willing to sue the agency if it continues to reject applications.
The BNB Chain network, formerly known as the Binance Smart Chain, is set to launch application-specific sidechains in a bit to support resource-intense applications such as play-to-earn games, while reducing strain on the main network. According to The Block, the BNB Chain Application Sidechain (BAS) will allow developers...
Ape price locks in gains for the third straight day on Monday. However, bulls lack conviction near the higher levels. Further, the technical indicator indicates minor retracement in the price before the continuation of the uptrend. APE price prints fresh daily highs on Monday. The upside gains capped near $15.50. Bearish divergence on RSI indicates minor retracement in the price.
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Blockchain startup dcSpark’s novel sidechain project (named “Milkomeda”), which will allow EVM-compatible smart contracts to be executed from the Cardano mainnet, is expected to have its mainnet launch today. Furthermore, the Milkomeda project promises in future to deliver interoperability between Cardano and other layer one (“L1)”) blockchains, such...
SK Square CEO Park Jung-ho on Monday announced considering $1.6 billion investments for merger and acquisition deals in the semiconductor chips and blockchain technology sectors. The SK Square CEO, who is also Co-CEO of chipmaker SK Hynix, has revealed the investment roadmap for chips, blockchain, and digital assets over the next three years.
The world’s largest cryptocurrency has shot up another 5%% on Sunday eve moving past $47,000 for the first time in three months. As of press time, BTC is trading 4.93% up at a [rice of $47,943 with a market cap of $891 billion. With its latest move, Bitcoin has given a major breakout above the resistance of $45,925. As we can see the candle formation in the below image, Bitcoin is now making a move towards its 200-day moving average...
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